SPEAKER SERIES: DAWN REESE Co-CEO of The Wooden Floor
April 24, 2012 | Posted by bmasaharu
Come and join us for our last speaker series on Wednesday, April 25th, 2012 in CBA 122 at 4:45 p.m. Our speaker, Dawn Reese, will share personal experience on how to manage your career to be successful in the business world. Reese has has over 25 years of experience working for profit and nonprofit organizations. In January, Reese was promoted to Executive Director and Co-CEO of The Wooden Floor, after serving as General Manager and Chief Financial Officer since 2009. The workshop is FREE to everyone interested. Hope to see you there. If you have any questions, feel free to send us an email and we will get back to you as soon as possible.
See you there!!
Networking Beyond Business Cards
April 10, 2012 | Posted by bmasaharu
In order to prepare everyone for our Professional Networking Night on April 18th, we will be holding a networking workshop event on Wednesday, April 11th, 2012 in CBA 113 at 4:45 p.m. This workshop will provide valuable information for connecting with industry professionals and to ensure that you are asking the right questions to make a lasting impression. The workshop is free to everyone interested. Hope to see you there. If you have any questions, feel free to send us an email and we will get back to you as soon aspossible.
See you there!!
Join Us @ Our CPK Fundraiser!!!
April 02, 2012 | Posted by bmasaharu
Stop by and Join us at our FMA fundraiser this Wednesday, April 4th From 11:00 am to 9:00 p.m. at California Pizza Kitchen located at Long Beach Marketplace address is 6417 E. PCH Long Beach, CA 90803. Please Print Flyer and show it to your server in order to make the donation valid. 20% of the your bill will go to CSULB FMA Club.
Thank you for everyone's support.
See you all there!!!
ANNUAL CERTIFICATIONS PANEL
March 19, 2012 | Posted by bmasaharu
If you would like to learn more about how you can improve and differentiate yourself, come join us this Wednesday, March 21st 5 p.m. at the Annual Certifications Panel at CSULB Walter Pyramid, Sunset Room. Dress Code: Business Professional. RSVP Required.
See you @ THE PYRAMID!
First General Meeting! February 15th (Wed.)
February 12, 2012 | Posted by bmasaharu
Hello Everyone! We would like to let you know about our upcomming Ice Breaker Meeting. This is our First Official Meeting ("The Icebreaker Meeting") for everyone interested joining FMA please come to this meeting to fill out some forms and to know more about our club. We will be at CBA Room# 122 Time: 5 p.m..
You can send us an e-mail through our link at Contact Us
Thank you and See you there!!!
Welcome to Spring 2012
February 10, 2012 | Posted by bmasaharu
The Financial Management Association (FMA) at CSULB would like to welcome everyone to another great semester. We would like you to make the best of Spring 2012. There has been some changes, first of all please make sure to check out our new website at http://www.csulbfma.com , here you will find updates of our events, contact information and some interesting articles. You can always come to our blog for discussion and articles on Business and Finance related subjects. FMA CSULB gives you the opportunity to new networking opportunities and professional guidance. our College of Business and Administration (CBA) provides you with a great mentoring program. Feel free to contact us if you have any questions.
Enjoy!!!!
Selected Article
Pro Apple, Pro Globalization
February 02, 2012 | Posted by bmasaharu | Source linkabl.wordpress.com
NY Times recently published a great article on how Apple became the wildly successful company it is today due to a little help from economic globalization. Apple, the company that at one point in time had more cash on hand than the U.S. Treasury. The article does an excellent job addressing specifically why Apple had to outsource its production overseas and offers poignant comparisons between the capabilities of the workforce here and abroad. In an example, perhaps in hyperbole, one Apple executive had this to say:
“The entire supply chain is in China now,” said another former high-ranking Apple executive. “You need a thousand rubber gaskets? That’s the factory next door. You need a million screws? That factory is a block away. You need that screw made a little bit different? It will take three hours.”
The article is chock full of delightful insights. Here is one about Foxconn City, named after Foxconn Technology, the company that assembles Apple iPhones and iPads.
The facility has 230,000 employees, many working six days a week, often spending up to 12 hours a day at the plant. Over a quarter of Foxconn’s work force lives in company barracks and many workers earn less than $17 a day.
“They could hire 3,000 people overnight,” said Jennifer Rigoni, who was Apple’s worldwide supply demand manager until 2010, but declined to discuss specifics of her work. “What U.S. plant can find 3,000 people overnight and convince them to live in dorms?”
In a tale of Steve Jobs being Steve Jobs and demanding what amounts to a last minute replacement of a plastic screen with scratch-proof glass on all iPhones six weeks before release. The story offered this little anecdote
The first truckloads of cut glass arrived at Foxconn City in the dead of night, according to the former Apple executive. That’s when managers woke thousands of workers, who crawled into their uniforms — white and black shirts for men, red for women — and quickly lined up to assemble, by hand, the phones. Within three months, Apple had sold one million iPhones. Since then, Foxconn has assembled over 200 million more.
These tidbits of quotable quotes go on and on throughout the article and make one thing clear, China and other developing countries enjoy a tremendous advantage in production capacity due to cheap labor and government subsidies.